Enel: Barclays remains positive after presentation
(CercleFinance.com) - Barclays confirms its 'overweight' recommendation on and E8.
3 TP for Enel, the day after the Italian utility's strategy presentation at an investor day was in line with the broker's expectations.
Enel left behind the feeling that it can deliver more than it says. For the first time, CEO Cattaneo spoke of non-organic growth opportunities, which could have created mixed feelings among investors, Barclays says.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
3 TP for Enel, the day after the Italian utility's strategy presentation at an investor day was in line with the broker's expectations.
Enel left behind the feeling that it can deliver more than it says. For the first time, CEO Cattaneo spoke of non-organic growth opportunities, which could have created mixed feelings among investors, Barclays says.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.